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To: Born to Conserve

Show an active precious metal/coin market operating today used directly for goods and services please. You gold coin for a loaf of bread? You will use your gun before spending the gold. Tell me you wouldn’t .


18 posted on 04/17/2012 7:58:56 PM PDT by Broker (Walk their Ghettos at your peril.)
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To: Broker

The gold is for wealth preservation,,,, not the day after a crash to expect to walk around using it like normal money. Your normal human prepping (food,,ammo, etc) should allow you to bridge the gap,,, and then a few months later walk into the new paradigm with wealth preserved via gold.

That said,, there is a certain logic to your position. Though the government can print all they want,, or suddenly retire it to be replaced with a the new Amero etc,,, i think there would indeed be a short period where having a reasonable supply of cash is wise.

The knock of gold that its hard to spend for a loaf of bread, is indeed a difficulty **to an extent**. But the risk is just as real that the buying power of your paper money will evaporate in days or weeks.

The smarter thing is to have the wealth you want to bring into the new system which will replace the crashed one, stored in gold. And have some cash,, for lesser crises,, for minor purchases. But the fact remains,,, in a true crash,,, you should not need to be out making purchases. Thats what your prep work is for.


28 posted on 04/17/2012 8:16:01 PM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for officeoffI)
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To: Broker

Zimbabwe. Not coins, but flecks of placer gold. Their $100,000,000,000 Zim notes only sell overseas as a curiosity, but they won’t buy bread at home. A gram of gold will.


41 posted on 04/17/2012 9:04:26 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Broker

“You gold coin for loaf of bread?”

I’ll tell you one thing, when the shtf, if you don’t look and speak like the locals you’re toast in the first days.


43 posted on 04/17/2012 10:00:47 PM PDT by Born to Conserve
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To: Broker

How about a silver dime for a loaf of bread? Or a morgan dollar for a tank of gas?

Or just hand over a wheelbarrow full of of paper money, if anyone wants it?

junk silver- the poor man’s bullion


49 posted on 04/18/2012 3:06:09 AM PDT by silverleaf (Funny how all the people who are for abortion are already born)
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